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US, China Extend Tariff Truce for 90 Days

By
Thongsavanh Souvannasane
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The US and China have agreed to extend their tariff truce for another 90 days until 10 November. (Phot credit: Knowledge at Wharton - University of Pennsylvania)

By Beiyi SEOW and Isabel KUA/AFP – China and the United States delayed higher tariffs on each other’s imports for 90 days, hours before a trade truce between the world’s two largest economies was due to expire Tuesday, 12 August.

US President Donald Trump signed an executive order on 11 August that will “extend the Tariff Suspension on China for another 90 days,” according to a post on his Truth Social platform.

The White House said its halt on steeper tariffs will be in place until 10 November.

China also said it would continue suspending its earlier tariff hike for 90 days, starting 12 August, while retaining a 10-percent duty, according to a joint statement. 

While the United States and China slapped escalating tariffs on each other’s products this year, bringing them to prohibitive triple-digit levels and snarling trade, both countries in May agreed to temporarily lower them.

As part of their truce that month, fresh US tariffs targeting China were reduced to 30 percent and the corresponding level from China was cut to 10 percent.

Those rates will now hold until November, or whenever a deal is cut before then.

In the executive order posted 11 August to its website, the White House reiterated its position that there are “large and persistent annual US goods trade deficits” and they “constitute an unusual and extraordinary threat to the national security and economy of the United States.”

The order acknowledged Washington’s ongoing discussions with Beijing “to address the lack of trade reciprocity in our economic relationship” and noted that China has continued to “take significant steps toward remedying” the US complaints.

Beijing, meanwhile, said it would ‘take or maintain necessary measures to suspend or remove non-tariff countermeasures against the United States,” as agreed in Switzerland’s  Geneva in May.

Trump-Xi summit?

In Shanghai, China’s commercial capital, residents welcomed the extended trade truce on 12 August.

“I feel that negotiations will definitely steer the two countries toward a better direction,” said Zhang Xuan, a 25-year-old postgraduate student.

Lin Peng, a commercial property leasing agent, told AFP he felt there would be more negotiations between the two nations as Trump is a “businessman” and an escalated trade war would “hurt his own interests too.”

“Beijing will be happy to keep the US-China negotiation going, but it is unlikely to make concessions,” warned William Yang, an analyst at the International Crisis Group.

He believes China sees its leverage over rare earth exports as strong, and that Beijing will likely use it to pressure Washington.

US-China Business Council president Sean Stein said the extension was “critical to give the two governments time to negotiate an agreement,” providing much-needed certainty for companies to make plans.

Since Trump took office in January, China’s tariffs have essentially boomeranged, from the initially modest 10 percent hike in February, followed by repeated surges as Beijing and Washington clashed, until it hit a high of 145 percent in April.

Now the tariff has been pulled back to 30 percent, a negotiated truce rate.

A trade deal would “pave the way for a Trump-Xi summit this fall,” said Asia Society Policy Institute senior vice president Wendy Cutler.

But Cutler, herself a former US trade official, said: “This will be far from a walk in the park.”

Even as both countries reached a pact to cool tensions after high level talks in Geneva in May, the de-escalation has been shaky.

Key economic officials convened in London in June as disagreements emerged and US officials accused their counterparts of violating the pact. Policymakers met again in Stockholm last month.

‘Reciprocal’ tariffs

Trump said in a social media post 10 August that he hoped China will “quickly quadruple its soybean orders,” adding this would be a way to balance trade with the United States.

China’s exports reached record highs in 2024, and Beijing reported that their exports exceeded expectations in June, climbing 5.8 percent year-on-year, as the world’s number-two economy works to sustain growth.

Since returning to the presidency, Trump has separately slapped a 10 percent “reciprocal” tariff on almost all trading partners, aimed at addressing trade practices Washington has deemed unfair.

This surged to varying steeper levels last Thursday, 7 August  for dozens of economies.

Major partners like the European Union, Japan and South Korea now see a 15 percent US duty on many products, while the level went as high as 41 percent for Syria.

The “reciprocal” tariffs exclude sectors that have been targeted individually, such as steel and aluminum, and those that are being investigated like pharmaceuticals and semiconductors.

© Agence France-Presse

Exploring Dunhuang’s heritage with ballet dancer Sabrina

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Advertorial Desk
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BEIJING, Aug. 13, 2025 /PRNewswire/ — A news report from chinadaily.com.cn

 

Dunhuang, a timeless gem in Gansu province, China, echoes the spirit of the Silk Road. Explore breathtaking landscapes at Yardang National Geopark, indulge in local delicacies at the lively Dunhuang night market, and discover the artistry of the Mogao Caves, famed for their enchanting flying dance murals. Join ballet dancer Sabrina on a mesmerizing cultural journey through this ancient city, where history and hospitality intertwine.

eazy Insurance Announces Acquisition of G&C General Pte. Ltd.

By
Advertorial Desk
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SINGAPORE – Media OutReach Newswire – 13 August 2025 – eazy Insurance is pleased to announce the acquisition of G&C General Pte Ltd, a family-run agency with a long history in Singapore’s retail insurance sector. This acquisition supports eazy’s broader expansion strategy while maintaining its focus on delivering consistent, client-oriented service.

eazy Insurance Announces Acquisition of G&C General Pte. Ltd.

Integrating Traditional Service with Digital Access

Existing clients can expect operational changes designed to enhance service accessibility. G&C’s client portfolio will now be supported through eazy’s digital insurance platform and broader product range. This acquisition brings together G&C’s relationship-based service model with eazy’s technology-driven processes to enable both continuity and improved access.

“This milestone represents more than just business growth; it reflects our commitment to preserving the trust that G&C has built with its clients over the years, while enhancing their experience through our digital capabilities,” stated Douglas Chia, CEO of eazy Insurance.

Shirley Ling, Director of G&C General Pte Ltd, added, “I am confident that with this acquisition, G&C’s clients will continue to receive dedicated, personalised service. With eazy’s advanced digital platform and comprehensive insurance solutions, we expect to see meaningful improvements in client service and overall satisfaction.”

Part of a Sustainable Growth Strategy

The acquisition of G&C General is aligned with eazy’s approach to sustainable and scalable growth. The company continues to invest in technology, service delivery, and operational improvements that support both client needs and business resilience, while maintaining the service standards its clients have come to expect.

The integration process is underway, with measures in place to ensure that clients experience minimal disruption during the transition.

Hashtag: #acquisition #singaporeinsurancebrokers #corporateinsurance #smeinsurance #employeehealthbenefitsinsurance #healthinsurance #carinsurancesingapore #personalinsurance #homeandfireinsurance

The issuer is solely responsible for the content of this announcement.

About eazy Insurance

eazy Insurance is an that uses a tech-enabled platform to streamline the insurance purchasing process for individuals and businesses. As a broker, eazy aims to represent clients’ interests by offering clear, tailored options—from and to health and personal accident coverage—through a tech-enabled platform.

Lens Technology’s Strategic Insights: Navigating Innovation and Market Growth

By
Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 13 August 2025 – On August 11, 2025, Lens Technology, a leading provider of one-stop precision manufacturing solutions for the entire intelligent terminal industry chain, hosted a survey at its Shenzhen office, welcoming 12 institutional investors, including Bosera Asset Management, China Southern Fund and Essence Fund. The session, led by Vice President and Board Secretary Jiang Nan, addressed critical investor concerns, shedding light on the company’s robust strategies in supply chain stability, technological innovation, and diversified business expansion. Below is an in-depth analysis of the survey’s key highlights, illustrating how Lens Technology is navigating industry shifts to strengthen its competitive edge.

Impacts of major North American clients’ investments in cover glass production

Recent reports of major North American clients and related companies increasing investments in U.S.-based cover glass production sparked market interest in their potential impact on Lens Technology. The company clarified that Lens Technology, a global leader in brittle material processing, specializes in enhancing the value of raw glass through advanced processing techniques, rather than producing glass substrates. The company collaborates with strategic partners who supply raw glass via a Hong Kong distribution center and a Hunan bonded warehouse, ensuring seamless and efficient delivery. Lens Technology is actively working with these partners to develop next-generation cover glass, incorporating innovative formulations to elevate product performance and user experience, thereby strengthening its competitive position in the global market.

Foldable Screen Trends: Innovative Strategies and Market Leadership

As a leading global supplier of ultra-thin flexible glass (UTG), Lens Technology capitalizes on its deep expertise, extensive patent portfolio, and advanced production capabilities to pioneer a multilayer foldable screen design. This innovative approach eliminates creases, enhances screen flatness, and sets a new standard for next-generation foldable displays. With a dominant market position, Lens Technology is advancing smoothly in new product development and validation, while actively preparing for large-scale production to meet growing demand.

New 3D Glass: Expanding Market Potential and Value Growth

The market potential and value of the newly designed 3D glass back cover were a focal point for investors. Lens Technology’s innovative 3D glass back cover, featuring flat edges and a convex camera module, optimizes internal device layouts and enhances imaging performance, establishing it as a preferred solution for premium flagship devices. The complex processing of this design drives surging demand, significantly increasing per-unit value and fostering a market trend of rising volume and pricing. Lens Technology anticipates sustained benefits from this technological advancement in the years ahead.

Automotive Business: Technological Edge and Growth Prospects

With decades of expertise in electronic glass processing, Lens Technology leads in the production of lightweight, chemically strengthened, and high-precision automotive glass. Its ultra-thin laminated glass, featuring advanced capabilities such as soundproofing, heat insulation, UV protection, and HUD projection, has been integrated into new models by leading new energy vehicle manufacturers, with mass production commencing in late 2025. Accelerated partnerships with global automotive brands are driving significant growth, positioning Lens Technology as a key player in the evolving automotive industry.

Hashtag: #Lens #藍思

The issuer is solely responsible for the content of this announcement.

Trend Micro Warns of Thousands of Exposed AI Servers

By
Advertorial Desk
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Latest research reveals mounting infrastructure-level risks from diverse components


HONG KONG SAR – Media OutReach Newswire – 13 August 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today urged AI engineers and IT leaders to heed best practices in developing and deploying secure systems, or risk exposure to data theft, poisoning, ransom, and other attacks.

To learn more about how network defenders and adversaries are using AI, read Trend Micro State of AI Security Report, 1H 2025: https://www.trendmicro.com/vinfo/us/security/news/threat-landscape/trend-micro-state-of-ai-security-report-1h-2025

Rachel Jin, Chief Enterprise Platform Officer at Trend: “AI may represent the opportunity of the century for global businesses. But those rushing in too fast without taking adequate security precautions may end up causing more harm than good. As our report reveals, too much AI infrastructure is already being built from unsecured and/or unpatched components, creating an open door for threat actors.”

Trend’s report highlights several AI-related security challenges:

1) Vulnerabilities/exploits in critical components

Organizations wishing to develop, deploy and use AI applications must leverage multiple specialized software components and frameworks, which may contain vulnerabilities one may find in regular software. The report reveals zero-day vulnerabilities and exploits in core components including ChromaDB, Redis, NVIDIA Triton, and NVIDIA Container Toolkit.

2) Accidental exposure to the internet

Vulnerabilities are often the result of rushed development and deployment timelines, as are instances when AI systems are accidentally exposed to the internet, where they can be probed by adversaries. As detailed in the report, Trend has found 200+ ChromaDB servers, 2,000 Redis servers, and 10,000+ Ollama servers exposed to the internet with no authentication.

3) Vulnerabilities in open-source components

Many AI frameworks and platforms use open-source software libraries to provide common functionality. However, open-source components often contain vulnerabilities that end up creeping into production systems, where they are hard to detect. At the recent Pwn2Own Berlin, which featured a new AI category, researchers uncovered an exploit for the Redis vector database, which stemmed from an outdated Lua component.

4) Container-based weaknesses

A great deal of AI infrastructure runs on containers, meaning it is exposed to the same security vulnerabilities and threats that impact cloud and container environments. As outlined in the report, Pwn2Own researchers were able to uncover an exploit for the NVIDIA Container Toolkit. Organizations should sanitize inputs and monitor runtime behavior to mitigate such risks.

Stuart MacLellan, CTO, NHS SLAM: “There are still lots of questions around AI models and how they could and should be used. We now get much more information now than we ever did about the visibility of devices and what applications are being used. It’s interesting to collate that data and get dynamic, risk-based alerts on people and what they’re doing depending on policies and processes. That’s going to really empower the decisions that are made organizationally around certain products.”

Both the developer community and its customers must better balance security with time to market in order to mitigate the risks outlined above. Concrete steps could include:

  • Improved patch management and vulnerability scans
  • Maintaining an inventory of all software components, including third-party libraries and subsystems
  • Container management security best practices, including using minimal base images and runtime security tools
  • Configuration checks to ensure AI infrastructure components, like servers aren’t exposed to the internet

Hashtag: #TrendMicro




The issuer is solely responsible for the content of this announcement.

About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s AI-powered cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, Trend’s platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 70 countries, Trend Micro enables organizations to simplify and secure their connected world.

SKAI Bar & Grill Debuts Its Expanded Indoor Grill Sanctuary at Padma Resort Legian

By
Advertorial Desk
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BALI, Indonesia, Aug. 13, 2025 /PRNewswire/ — Building upon the undeniable popularity of its renowned beach–front mediterranean dining destination, Padma Hotels today unveils the expanded indoor extension of SKAI Bar & Grill at Padma Resort Legian. This new addition seamlessly continues the beloved seaside ambience into a lush garden–framed lounge, offering an intimate 34–seat setting for guests who crave the signature open–flame experience in a fresh, elevated atmosphere.

SKAI Bar & Grill - Padma Resort Legian
SKAI Bar & Grill – Padma Resort Legian

“Since opening our beach–front SKAI Bar & Grill, guests have fallen in love with the blend of ocean breezes, sunset views, and our fire–driven cuisine,” said Kristanti Tannady, General Manager, Padma Resort Legian. “With this extension, we’re honouring that spirit while creating a new stage for grill artistry, just steps away from the waves.”

A Natural Continuation of Coastal Charm

Just beyond the shoreline dining deck, the new terrace feels like a secret garden birthed from the original SKAI concept. Floor–to–ceiling windows complemented by verdant plantings and sculpted laser–cut screens that frame the golden hour in warm, dappled light. Hand–woven seating in driftwood grey and sandy taupe mirrors the beach’s natural palette, ensuring the extension remains a true kin to its waterfront origins.

Here, the Levantine–inspired creations flourish: imagine tender cuts anointed with fragrant za’atar, sumac–bright citrus glazes, and smoked–paprika pastes, each dish enhanced by the gentle sea breeze that drifts through planted alcoves and the soft glow of artisan lanterns overhead. This is seaside warmth, redefined through the spice and soul of the Eastern Mediterranean.

Why Mediterranean? A Culinary Story

SKAI’s concept was born from Padma’s desire to blend Bali’s rich local hospitality with the warm, convivial spirit of the Eastern Mediterranean. Imported ingredients—such as hand-harvested za’atar from Lebanon and Californian citrus preserved with Greek sea salt—anchor a menu that is now recognised as one of the most comprehensive Mediterranean offerings in Legian.

“We saw a clear guest appetite for bold spice blends, grilled meats, and shared-plate dining—hallmarks of Mediterranean culture,” adds Kristanti Tannady. “Our new indoor kitchen theatre showcases everything from dry-aged Angus Tenderloin to Ibérico Pork Chop Pata Negra, all paired with our famed wood-smoked sourdough.”

Grill Theater, Extended

At the heart of this expansion lies an open–kitchen pavilion; an exact mirror of the passion and precision found at the beach–front area. The chefs are artisans in motion, where every sizzle and pop becomes part of the evening’s performance, manipulating glowing embers and artisan charcoal with its primal beauty of fire and flavour, revealed in full, blending to deliver SKAI’s hallmark signature cuts: Angus Tenderloin, Grass–Fed MB3+ and Pork Chop Pata Negra Ibérico, among others. The dry–aging chamber is now showcased side by side on rustic maple boards, beckoning guests to explore even deeper layers of flavour in a fresh and elegant setting.

To personalise every bite, diners are invited to choose the expansive selection of salt, where a curated selection, from wood–smoked sea salt to herb–infused and zesty citrus blends, awaits their finishing flourish. And no grill experience is complete without our house–made sourdough, celebrated across Legian for its crackling crust and delightfully chewy crumb—the perfect companion for mopping up every last drop of jus.

Experience SKAI Bar and Grill Firsthand

From the first spark of ember to the final crumb of sourdough, every moment is designed to delight the senses. Secure your reservation today, and be among the first to witness the flame-driven journey into Mediterranean elegance.

For more information about Padma Hotels and to explore each property’s latest offerings, please visit PadmaHotels.com

About Padma Resort Legian

Padma Resort Legian is a five-star resort in Bali that comes under the banner of Padma Hotels management. It is encompassed within a 6.8 hectare parcel of tropical landscape overlooking Bali’s legendary sunset beach and is just 15 minutes from Ngurah Rai International Airport. The resort is an uplifting environment where guests can experience the fun of an artistic lifestyle. Accommodation is a collection of 432 comfortable rooms and suites, each with its own private balcony or terrace for heightened relaxation. Some exciting changes are currently in the making at Padma Resort Legian, stay tuned for further updates.

About Padma Hotels

Previously known as Sekar Alliance Hotel Management, Padma Hotels has two exclusive properties on the island of Bali, hillside town of Bandung and industrial area in Karawang. All of them are inspired by the rich artistry and cultural heritage of these unique locations. This is reflected through the design aesthetic as well as the gracious hospitality of each property. Padma Hotels is committed to the care and comfort of its guests through dedicated service and up-to-date facilities. Padma Resort Legian and Padma Resort Ubud are the perfect introduction to the carefree ambiance of tropical living, Padma Hotel Bandung uplifts the senses with breathtaking natural scenery while Resinda Hotel Karawang, managed by Padma Hotels is the new oasis in the center of industrial area.

Highly International Exhibitors, ITE HONG KONG 2026 covers GBA & Other Asia

By
Advertorial Desk
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HONG KONG, Aug. 13, 2025 /PRNewswire/ — Launched 40 years ago, ITE2026 incorporates the 40th ITE Leisure & 21st ITE MICE will be held from 11-14 June at halls 1 of Hong Kong Convention & Exhibition Centre, with two days for trade and two days for public. The annual ITE had also an early start on recovery with ITE2025 its 5th live edition since 2021.

Named MEGA EVENT, ITE2025 had 33% buyers & trade visitors from mainland China, and 20% from other Asia; 46% travel agents / operators, and 15% Corporate / MICE.

ITE 2025 Summary

Exhibitors

Buyers & Trade Visitors

Public Visitors

Countries & regions

502 (87.8%*)

7626 (53.2%*)

70212

64 (1/3 outside Asia)

*From Outside HK / Overseas

From China’s Greater Bay Area (GBA) came over 70% of ITE2025’s buyers & trade visitors who came individually or in official trade delegation from various cities. Also, hundreds of Guangdong residents registered for free admission in public days.

GBA, which includes Hong Kong (HK), Shenzhen and Guangzhou etc. in 2024 had a combined GDP of USD2077 billion, that makes it about world’s 12th largest economy.

In 2024, HK outbound fully recovered; ranked world’s 14th largest market by international tourism spending of US$28.9 billion, and say arrivals to Japan and Thailand respectively totaled 2.68 million and 0.88 million!

HK Outbound Spending / Departure

Year

Total Departures (million)

Int’l Tourism Expenditure^ (USD billion)

2024

104.7 (110.6%*)

$28.9 (107.4%*)

2023

72.2 (76.2%*)

$22.7 (84.4%*)

2019

94.7

$26.9

(*) Recovery Percentage against 2019  ^Source: UNWTO

Reflecting quality travelers, Trip.com reported HK residents doubled bookings to Paris for summer 2024 (Olympics); explore niche destinations and prefer quality lodging. Also, in first 5 months of 2025, HK made a total of 47.44 million departures, up 17.2%!

ITE2025 survey with 4242 replies found its many public visitors are premium and frequent travelers.  Well educated with 50% had university and 23% post-secondary; 90% keep or increase travel spending. By choice of destinations, SE Asia ranked third after mainland China and NE Asia with 19% been there in first half and 26% will visit in the second half this year.

ITE25 Survey on Travel Frequency

No of Outbound Holidays (2025)

Jan–Jun

Jul-Dec

3 or more

48.2 %

40.5 %

1 – 2

45.7 %

54.5 %

Zero

6.2 %

2.7 %

Business aplenty in ITE public days: 53% visitors interested in niche / new destinations, 43% plan book holiday onsite; 31% attend seminars; to save cash handling, many made onsite bookings and paid online by mobile!

Exhibitors can benefit from ITE’s separate B2B and B2C programs / services, which includes Buyers Meeting, KOL Networking, Speaking Opportunities to trade or public, pre & post show promotions to effectively reach out travel buyers and premium FIT under one roof.

Organized by TKS Exhibition Services Ltd., ITE is strongly supported by Ministry of Culture and Tourism of P.R. China, other supporters include Hong Kong Tourism Board etc.  Full article https://www.itehk.com/travelexpo/doc/press/ITE26_KickOff_15Jul25_en.pdf Expo’s website: www.itehk.com or inquiry via WhatsApp: +85294008444 Email: travel@tkshk.com

IBPO Announces Strategic Partnership with FWD Insurance to Provide Protection for Its Loan Financing Services

By
Advertorial Desk
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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 13 August 2025 – IBPO Group Berhad (“IBPO”), a leading fintech company, has announced a strategic partnership with FWD Insurance Berhad (“FWD Insurance”), a leading Pan-Asian life insurer to safeguard its customers’ loans with life protection at a momentous Strategic Partnership Launch Ceremony held yesterday.

IBPO Group Berhad and FWD Insurance Berhad officially launches their Strategic Partnership to protect IBPO Customers’ loans with complimentary life insurance by FWD Insurance Berhad. From the middle left; IBPO Group Berhad, Founder & Group Managing Director, Andy Lim and the Chief Technology Officer, Samuel Quek. From the middle right, FWD Insurance Berhad, Chief Executive Officer, Mak See Sen and the Chief Digital, Direct & Telemarketing, Ann Lim.
IBPO Group Berhad and FWD Insurance Berhad officially launches their Strategic Partnership to protect IBPO Customers’ loans with complimentary life insurance by FWD Insurance Berhad. From the middle left; IBPO Group Berhad, Founder & Group Managing Director, Andy Lim and the Chief Technology Officer, Samuel Quek. From the middle right, FWD Insurance Berhad, Chief Executive Officer, Mak See Sen and the Chief Digital, Direct & Telemarketing, Ann Lim.

Officiated by Andy Lim, the Founder & Group Managing Director of IBPO and Mak See Sen, Chief Executive Officer of FWD Insurance, the signing ceremony was witnessed by Samuel Quek, Chief Technology Officer at IBPO and Ann Lim, Chief Digital, Direct & Telemarketing at FWD Insurance.

With this integrated partnership, selected IBPO’s loan financing facilities come with inclusive life protection, with no underwriting questions required. This will be applicable to IBPO’s Payday Financing and i-Bridge Financing programs, that are both launching this month.

What’s unique about these programs is that customers can now have peace of mind when applying for these programs, as the complimentary insurance coverage ensures that, in the event of unforeseen circumstances, their loved ones are protected from the burden of outstanding loan obligations.

Customers can easily apply for Payday Financing and i-Bridge Financing through IBPO’s online customer financial portal, myIBPO+, or via the upcoming all-in-one financial app. Both platforms are available 24/7 to help users manage and improve their finances.

Payday Financing is an interest-free advance cash for customers to cover urgent expenses before their monthly salary day. It’s fast, safe and 100% Shariah-compliant.

Meanwhile, i-Bridge Financing provides immediate short-term financing for homeowners, property sellers and SMEs to ease urgent cash flow gaps while awaiting disbursement of long-term bank financing, which typically takes up to 4 months. i-Bridge Financing is fully Shariah-compliant, in accordance with Islamic financing properties.

This initiative supports Bank Negara Malaysia’s Financial Sector Blueprint 2022–2026, which aims for greater digitalisation, inclusive financial access, and enhanced protection for households. By bridging fintech and insurance, IBPO and FWD Insurance are collectively supporting national goals to strengthen financial resilience, improve the financial well-being of Malaysians, and accelerate the adoption of secure, tech-driven financial solutions.

As part of this partnership, a total financing fund disbursement of RM100 million has been allocated exclusively for its customers, offering immediate financial assistance and for emergencies, business needs, property purchase and more, all backed by life insurance coverage for added security.

To provide greater convenience, customers can learn more about individual insurance plans with premiums starting from as low as RM8.10 per month, made available on the IBPO website starting this September 2025. These plans are designed to be more accessible and tailored to suit various lifestyles.

“We’re proud to partner with FWD Insurance, a customer-led brand that shares our commitment to improving financial literacy among Malaysians. This collaboration is key to empowering individuals to make smart, secure money moves that support both their immediate goals and long-term financial stability,” said Andy Lim, Founder & Group Managing Director of IBPO Group Berhad.

He added, “Our initiative with FWD Insurance allows customers to take on financing with maximum peace of mind and security in the event of an unfortunate incident, providing life coverage to our customers and to ease unexpected financial burden to their loved ones or if one faces any disability throughout the financing term – their loans are covered.”

“FWD Insurance is committed to changing the way people feel about insurance, by making it simpler, more accessible and truly meaningful. This partnership with IBPO is a powerful step forward in that vision. By embedding protection seamlessly into everyday financial solutions, we’re not just offering convenience, we’re delivering peace of mind. Through innovation and customer-first thinking, we’re helping Malaysians celebrate living, knowing their loved ones are protected no matter what life brings,” said Mak See Sen, CEO of FWD Insurance.

*Individual plan offer includes death, total and permanent disability (TPD), accidental death, hospitalisation benefits, critical illness, and a medical card, with protection up to RM500,000.

This initiative reinforces IBPO’s Fusion Finance model, a personalised, 360° innovative integrated approach with AI-powered technology and traditional finance solutions.

For more information, visit www.ibpo.com.my
*Subject to each individual policy’s terms and premium details.

Hashtag: #IBPOGroupBerhad #FWDInsuranceBerhad #LoanFinancingProtection

The issuer is solely responsible for the content of this announcement.

IBPO Group Berhad

is a fusion financial company that provides holistic personalised financial solutions to help clients achieve their financial aspirations and live a better life. Incorporated in 2012, IBPO Group became a public limited company in 2020.

We deliver bespoke financial consultancy services with our cutting-edge Fusion Financial System, a financial technology (“fintech”) system powered by Artificial Intelligence (“AI”) that was developed through extensive in-house IT research and development and ANIKA, the first AI-powered virtual financial consultant chatbot in Malaysia.

Our financial programs include; i-Refinancing, i-Connect, i-Console Plus, Payday Financing, i-Bridge Financing and Housing Value Investment. Discover personalised solutions tailored to your needs with mortgage refinancing, personal loans and financing, property management and more. To learn more, visit .

Follow Us: | | | | | @IBPO Group Berhad
Address: Level 28, Mercu Aspire, No. 3 Jalan Bangsar, KL Eco City 59200 Kuala Lumpur.
Email: contactus@ibpo.com.my
Head Office Contact No: +603 2201 2828

FWD Insurance Berhad

is part of FWD Group, a pan-Asian life and health insurance business that serves approximately 30 million* customers across 10 markets. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance and takaful. FWD Group is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code 1828. For more information, please visit .
FWD Insurance Berhad offers a variety of family and life insurance products, such as medical, critical illness, savings, and investment-linked plans. The company operates under the regulation of Bank Negara Malaysia in accordance with the Financial Services Act 2013.
For more information, please visit .

*including BRI Life in Indonesia.

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